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JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
Since joining with JB Hi Fi Group in 2016, The Good Guys have been supporting 12 charities through their Doing Good Workplace Giving program. [ 13 ] Every dollar donated by team members is matched by The Good Guys, to double the positive impact on the charities and the community.
The chain was purchased by JB Hi-Fi in 2006, to operate alongside its own network of stores. [4] [5] There were 11 Hill and Stewart branded stores in 2007. [3] Six Hill and Stewart stores were still operating in 2009. One was rebranded as JB Hi-Fi, three were closed in the latter half of 2009, and the final two were closed in early 2010. [6]
Beginning in 2019, JB Hi-Fi in Australia started selling a new line of budget Smart TV's under the brand name FFalcon, which are manufactured by TCL, and contain TCL firmware, software and components. [39]
During this development some stores closed down including JB Hi-Fi and Tandy Electronics, while others relocated including Best & Less to the old space vacated by JB-Hi-Fi. In July 2007 David Jones closed down after the 40-year lease of the store was up because the area did not fit their demographics, making the store unprofitable and therefore ...
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Reece Limited is a public Australian company, and the country's largest supplier of plumbing and bathroom supplies.. Established in 1920, the company has businesses focused on the plumbing, bathroom, building, civil, irrigation, heating, air conditioning and refrigeration industries.
Seven Network Limited was created in 1991 by receivers in order to bundle together the assets of Christopher Skase's collapsed former business, Qintex. [3] [4]Between 1995 and April 2001, Alan Jackson of Nylex was the non-executive director of Seven, after being asked by Stokes to lead the company.